McCall and another (PRs of McClean) (deceased) v HMRC (Record no. 81103)

MARC details
000 -LEADER
fixed length control field 02190cad a22002295a 4500
001 - CONTROL NUMBER
control field L146259
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 081223e20080407xxk f v 000 0 eng d
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u146259
041 0# - LANGUAGE CODE
Language code of text/sound track or separate title eng
245 00 - TITLE STATEMENT
Title McCall and another (PRs of McClean) (deceased) v HMRC
Medium [electronic resource]
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2008
520 ## - SUMMARY, ETC.
Summary, etc. [2008] STC (SCD) 752, 7 April 2008. A landmark ruling in Northern Ireland shows that letting land on popular grazing agreements could jeopardise tax relief. The appellant personal representatives of the estate of a farmland owner (M) appealed against the respondent Revenue's decision that the fields owned by M at the time of her death were not relevant business property under the Inheritance Act 1984 S105. M had sub-let land under agistment agreements to local farmers. Upon M's death the local authority zoned the land for development use which greatly increased its value. Revenue determined that although the tending and letting of fields to graziers constituted a business, it was one which consisted wholly or mainly of the holding of an investment and so the land was not a relevant business property for the purposes of the Inheritance Tax Act 1984 S105. Held: appeal dismissed. The letting of the land was the dominant use and was for profit, which made it a common business. Customs and Excise Commissioners v Morrison's Academy Boarding Houses Association applied. The land was used not to make a living on but to make a living from, as such it was used as an investment.
590 ## - LOCAL NOTE (RLIN)
Local note KA
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element PHILIP NORMAN MCCALL (2) BERNARD JOSEPH ANTHONY KEENAN (AS PERSONAL REPRESENTATIVES OF EILEEN MCCLEAN, DECEASED) v REVENUE & CUSTOMS COMMISSIONERS
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element INHERITANCE TAX ACT 1984 S105
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element CUSTOMS AND EXCISE COMMISSIONERS V MORRISON'S ACADEMY BOARDING HOUSES ASSOCIATION
651 #4 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name United Kingdom
Chronological subdivision
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element PROPERTY-PROPERTY APPRAISAL AND VALUATION-INHERITANCE VALUATION
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element PROPERTY-PROPERTY TAXATION-PROPERTY TAX ALLOWANCES-CAPITAL ALLOWANCES
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://www.financeandtaxtribunals.gov.uk/Aspx/view.aspx?id=3862">https://www.financeandtaxtribunals.gov.uk/Aspx/view.aspx?id=3862</a>
Public note View the item free of charge at www.financeandtaxtribunals.gov.uk...
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total Checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
    Dewey Decimal Classification     Virtual Virtual Online 23/12/2008   ONLINE PUBLICATION 146259-1001 06/08/2019 1 06/08/2019 Law report